Exide Industries

By SP Tulsian

SP Tulsian, in 'sptulsian.com' has suggested to buy shares of Exide Industries below Rs 130.He also said thatExide Industries has been good till now. According to Tulsian, even though the market is not very confident, it will better to keep Exide Industries shares on the positive side.

Exide Industries Limited manufacturers lead acid storage batteries. It is engaged in manufacturing storage batteries and allied products. The Company is engaged in manufacturing storage batteries from 2.5 ampere-hour to 20,400 ampere-hour. The products manufactured by the Company include automotive batteries, industrial batteries and submarine batteries. The Company sells its products under EXIDE, SF, SONIC and Standard Furukawa Brands. In the international market, the products are sold under DYNEX, INDEX and SONIC brands.

At present it is trading at 133.40. Its 52 week high is 66.40 and 52 week low has been 12.15.